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Starbucks: Wherefore Art Thou?

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Starbucks: Wherefore Art Thou?




I don’t want to say Starbucks stock (SBUX) is a non-performer,
because I like Starbucks. But, the stock has been rather sucky lately, if you know what I mean.

Back in February 2017, the stock was downgraded to 3 stars by S&P Capital IQ, and Thomas Reuters gives is a 6, neutral.

So, it hasn’t been suffering serious declines like many of the brick-and-mortar stores, but it hasn’t been doing great like some of the defense companies like BA and LMT.

Starbucks isn’t the biggest contender in my portfolio. But, because I like the company, I have a few shares so it’s no biggy if the stock tanks.

The bottomline: I’m holding on to SBUX for the long term.

Starbucks



About the author:
Has 3076 Articles

Carlos Rull is a musician living in the San Diego area. His interests include Yoga, Eastern Philosophy, Zen Buddhism, and Gardening. He plays drums, piano, and composes New Age & Ambient music, and his albums are available on iTunes and Amazon.com.

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